The Two-Wheeler ABS Market is expected to register a CAGR of 8.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The market report is segmented into by ABS type, propulsion, and displacement. Based on type, the market is segmented into Single channel, and Dual-channel. Based on Two-Wheeler Types, the market is segmented into Motorcycle, and Scooter. Based on displacement, the market is segmented into less than 125, 126-250cc, 251-400cc, and above 400cc.
Purpose of the Report
The report Two-Wheeler ABS Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Two-Wheeler ABS Market Segmentation
By ABS Type
- Single channel
- Dual-channel
By Two-wheeler Types
- Motorcycle
- Scooter
By Displacement
- less than 125
- 126-250cc
- 251-400cc
- above 400cc
Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South & Central America
Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South & Central America
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Two-Wheeler ABS Market Growth Drivers
- Government Regulations: The major driver for growing the two-wheeler ABS market is the growing government rules and regulations to enforce the use of Anti-Lock Braking Systems on motorcycles. In India, the government has made it compulsory to fix ABS on every two-wheeler available in the Indian market and its price range.
- Rising Safety Concerns: With rising road safety awareness among consumers, that is the other significant driver. Two-wheeler accidents are a critical issue in countries with high accident rates, such as India. Hence, incorporation of ABS technology is considered to be an imperative step for ride safety. This rising push towards safety is leading two-wheelers to adopt ABS.
- Increasing Motorcycle and Scooter Fatalities: The global rise in motorcycle-related accidents and fatalities, particularly in emerging markets with high two-wheeler penetration like India, Indonesia, and Brazil, is fueling demand for safety features like ABS. Motorcycles and scooters are inherently more prone to accidents due to their instability, particularly in emergency braking situations. ABS improves braking performance, reduces the risk of skidding, and increases rider safety.
Two-Wheeler ABS Market Future Trends
- Introduction of Advanced Technologies: ABS systems are increasingly being integrated with advanced technologies in the market for the purpose of performance and performance level improvement along with safety enhancement. This trend is precipitated by consumer demand for dependable and efficient braking systems, especially in high-performance motorcycles.
- Miniaturization and Cost Reduction: Technological advancements have led to the miniaturization and cost reduction of ABS components. Modern ABS systems are now more compact and affordable, making it feasible to incorporate them into a wider range of two-wheelers, including entry-level motorcycles and scooters. This has expanded the market for ABS-equipped vehicles beyond premium segments.
Two-Wheeler ABS Market Opportunities
- Emphasis on Refulatory Mandates: Regulatory mandates and safety concerns mainly drive the two-wheeler ABS market. Opportunities for this market tend to be driven by technological developments and the shift toward electric vehicles; emerging markets and aftermarket services are opportunities.
- Growth of Electric Two Wheeler: Integration of ABS in Electric two-wheelers is on rise in this area where the world is shifting towards electric two wheelers. Performance characteristics differ from that of a gasoline two-wheeler, making this the perfect fit for the safety and stability criteria in Electric Bikes.
Two-wheeler ABS Market Regional Insights
The regional trends and factors influencing the Two-wheeler ABS Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Two-wheeler ABS Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Two-wheeler ABS Market
Two-wheeler ABS Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | XX% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Two-wheeler ABS Market Players Density: Understanding Its Impact on Business Dynamics
The Two-wheeler ABS Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Two-wheeler ABS Market are:
- ADVICS CO.,LTD.
- BMW AG
- Brembo S.p.A.
- BWI Group
- Continental AG
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Two-wheeler ABS Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Two-Wheeler ABS Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Two-Wheeler ABS Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Two-Wheeler ABS Market is estimated to witness a CAGR of 8.5% from 2023 to 2031
The major factors driving the two-wheeler ABS Market are: Increasing government strict rules and regulations to implement the anti-lock braking systems in two-wheelers drives the market growth.
High cost of manufacturing the advance ABS systems for two-wheelers hinders the market growth.
The major players in the market includes Robert Bosch GmbH, Autoliv Inc., Continental Reifen Deutschland GmbH, DENSO Corporation, ZF Friedrichshafen AG, Jawa, FB Mondial,Husqvarna,SYM, BSA
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Trends and growth analysis reports related to Automotive and Transportation : READ MORE..
1.ADVICS CO.,LTD.
2.BMW AG
3.Brembo S.p.A.
4.BWI Group
5.Continental AG
6.Endurance Technologies Limited.
7.Honda Motor Company, Ltd.
8.Nissin Kogyo Co., Ltd.
9.Robert Bosch GmbH
10.Shandong Shunanda Automobile Technology Co., Ltd.